Tag Archives: supply chain management
The Bill Of Materials – more important than you may think! The Bill Of Materials is an incredibly important document which spans the product development process and evolves as you get closer to mass production. It provides all of the … Continue reading
Some Chinese factories have suffered serious blows recently. Large American companies are moving manufacturing outside of China, often abruptly. Many manufacturers were hit in 2020 by very soft demand and cancelled orders. Their government is becoming more serious in getting … Continue reading
Recently I was asked to give a presentation on supply chain risk reduction strategies. I focused on the way to pinpoint and assess potential risks, with the aim of driving action and addressing those risks.
As the COVID-19 coronavirus continues its spread around the world, importers who rely on Chinese factories or suppliers feel nervous about the effects on their businesses. To help make things clearer and provide some actionable advice on how to reduce … Continue reading
“When we become a Sofeast client, how is our project managed?” This is a common question that new clients have, so in this post, we’re going to explain how our project management support works.
Amazon FBA selling is a great way for entrepreneurs, inventors, and startups to get their products in front of a vast audience. But what are the three major supply chain risks facing FBA sellers?
There are two complementary approaches to improve IP protection for manufacturers and reduce the risks of your IP being infringed when developing and manufacturing products in Asia. Use legal methods, such as an NNN agreement. Use strategies outside of the … Continue reading
We are often asked how to improve price negotiation with Chinese suppliers in order to lower purchase costs. Indeed, negotiating a better price from suppliers helps cut costs and, therefore, increases your profits, so it’s a worthwhile activity.
What are some of the most common communication problems with Chinese suppliers that cause problems for our clients when they come to us for help?